The rapidly advancing area of artificial intelligence will require a new field of law and new regulations governing a growing pool of businesses involved, according to Microsoft Corp., a 25-year participant in AI research.

Currie, one of the cables, will be funded and owned in its entirety by Google. It will link the US and Chile. Another will be funded jointly with Facebook and others and link US to Europe. The third will land in Hong Kong and Guam.

Computing already transformed financial trading once when it added the power to make huge numbers of calculations in a near-instant and to track markets to shift by the second--and faster. Now technology is poised to foster a second industry...

Cryptocurrency mining could require up to 140 terawatt-hours in 2018, about 0.6 percent of the global total, according to Morgan Stanley analysts. That’s more than expected power demand from electric vehicles in 2025.